$ 1.990.000

374 Mcarthur Ave, Ottawa

3 Photos

374 Mcarthur Ave, Ottawa, ON K1L6N7 Photo 2

374 Mcarthur Ave, Ottawa, ON K1L6N7 Photo 3

Living area: 12572 square feet
MLS®: x8016124

Type: Lots and Land
Added: 99 days ago

Property Details

Vacant lot with shovel ready development project. Site plan approved for a 6-storey, 64-unit residential building appraised at $22M+ with ground level parking, bike storage, lockers, laundry, a gym, and more. Building permits are 75% done and land is appraised at $2.6M. Ideal for any real estate developers, or builders.

Property Information

Sewer: Sanitary sewer
Living Area: 12572
Photos Count: 3
Water Source: Municipal water
Business Type: Residential
Tax Annual Amount: 3837
Lot Size Dimensions: 65.92 x 190.77 FT
Extras: The development scores a 100% energy rating which qualifies for CMHC MLI Select Financing program. Buyer can take advantage of heavily subsidized CMHC loans, including 50-year amortization and lowest interests rates on the market (id:1945)

Features

Other: The development scores a 100% energy rating which qualifies for CMHC MLI Select Financing program. Buyer can take advantage of heavily subsidized CMHC loans, including 50-year amortization and lowest interests rates on the market
Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Sanitary

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Nearby Places

Name	Type	Address	Distance
Ottawa—Vanier	Previous to that date, it was part of the Ottawa e...		0.2 km
Ottawa—Vanier (provincial electoral district)	It is located in the east end of Ottawa...		0.2 km
Ottawa Technical Secondary School	It specializes in teaching students trades...		0.4 km
CJFO-FM	Owned by Radio de la communauté francophone d’Otta...		0.6 km
Coconut Lagoon	Restaurant	853 St Laurent Blvd	0.7 km
Rideau High School	It is located at 815 St...		0.8 km
Rideau High School	School	815 St Laurent Blvd	0.8 km
Overbrook, Ottawa	It is across the Rideau River, from the neighbourh...		0.8 km
Boston Pizza	Restaurant	1055 St Laurent Blvd	1.1 km
Forbes, Ottawa	It is defined by the city as being bounded on the ...		1.1 km
Ottawa Fat Cats	Stadium	300 Coventry Rd	1.2 km
Raymond Chabot Grant Thornton Park	The stadium is located in the city's east end near...		1.3 km

Similar Vacant Lots Stat in Ottawa

We have found 6 Land that closely match the specifications of the property located at 374 Mcarthur Ave with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 1,199,000 and 2,000,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Land in the K1L6N7 postal code area of Ottawa Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree	20
Bachelor's degree	40
University / Above bachelor level	10
University / Below bachelor level	10
Certificate of Qualification	10
College	120
University degree at bachelor level or above	70

Neighbourhood Marital Status Stat

Married	145
Widowed	10
Divorced	45
Separated	15
Never married	230
Living common law	75
Married or living common law	215
Not married and not living common law	300

Neighbourhood Construction Date

1961 to 1980	125
1981 to 1990	20
1991 to 2000	15
1960 or before	175

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